Poulsbo Packet 3.28.23 v. 1

Walmart Realty

I

December 9, 2022

Terrance Lien College Marketplace LLC 10708 Main Street #403 Bellevue, Washington 98004

RE: ECR Use Waiver

Walmart Supercenter Store #5272

Dear College Marketplace LLC,

Wal-Mart Real Estate Business Trust ("Walmart") approves of the Goodwill Industries ("Goodwill") to be located at 21800 Market Place NW, Poulsbo, WA 98370 near Walmart Supercenter #5272 located at 21200 Olhava Way NW, Poulsbo, WA 98370 as depicted on Exhibit "A" of this letter. As part of its approval, Walmart hereby waives the restriction against Section 2(i). Shopping Center Use, a flea market or a business selling so-called "second hand" goods (the term "second hand" shall mean stores which sell goods primarily as a service to the public rather than to a retail customers for a profit) found in the First Amended and Restated Easements with Covenants and Restrictions Affecting Land dated October 30, 2008, as amended and assigned from time to time (the "Controlling Document"). Please note that this approval is limited to the operation of the Goodwill. Any change in use of the premises, or variance from the site plan attached as Exhibit "A", shall require Walmart's further consent. This approval shall not be construed as a waiver of any of Walmart's rights or of any other obligation or restriction found in the Controlling Document.

If you-have any questions, please do not hesitate to contact me.

Sincerely, �� O tt�\\. Senior Manager I, Portfolio Management Cell (479) 426-2075; Danielle.Semsrott@walmart.com

Walmart US Realty 2608 SE J Street Bentonville, AR 72716-5510